Broad Interpretation for Those Planning Release in the Belgian Ministry of Finance
The 11.09.2024 rejection of the EU Court of Justice on the lifting of sanctions turned the concerns of Russian clients in a positive direction.
Apart from other precedent, the EU Court of Justice interpreted the articles of the EU Council Regulation No 269/2014 governing unblocking in favour of private investors.
Read the details and analysis of the decision, as well as its implications for unblocking assets, in the Sanctions Practice Alert.